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SFR unveils 5G plans as network goes live in Nice

2020-11-20 11:27:00| Telecompaper Headlines

(Telecompaper) French operator SFR said that Nice is to become the first city in the country to see the arrival of its 5G services, which coincided with the announcement of 5G-compatible commercial offers. Customers can choose from four voice and data plans, which are eligible for the operator's SFR FAMiLY and Multi-Pack discounts. At the entry-level price point, subscribers will pay EUR 40 per month for a plan offering unlimited calls/texts and 80 GB of 5G data. This represents an additional EUR 5 per month compared with the standard price of an LTE plan including the same data and calls/texts allowance.

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Category:Telecommunications

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Altice France returns to EBITDA growth, as revenues rise 4% in Q3

2020-11-20 10:44:00| Telecompaper Headlines

(Telecompaper) Altice Europe's French operations reported an improving trend in financial performance for the three months to September, while the customer base experienced significantly lower net additions, particularly in the mobile segment. Revenues progressed 4.0 percent year-on-year to EUR 2.75 billion (+0.2% in Q2), as growth picked up in telecom activities and the contraction in the Media business eased considerably. Adjusted EBITDA rose 2.8 percent to EUR 1.08 billion, following the 1.0 percent drop reported in the June quarter.

Tags: in france returns growth

Category: Telecommunications

 

 

Telit receives all-share takeover bid from U-blox

2020-11-20 09:41:00| Telecompaper Headlines

(Telecompaper) Telit Communications has announced the receipt of a preliminary all-share bid approach from Swiss company U-blox. Under the terms of the Proposal, Telit shareholders would receive U-blox shares with a value of GBP 2.50 per Telit share, which would result in Telit shareholders owning approximately 53 percent in the combined company, said Telit in a brief statement. "The board of Telit is considering the proposal and a further announcement will be made when appropriate," said Telit, adding that "the proposal assumes any such merger would be structured as an offer for Telit by U-blox."

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Category: Telecommunications

 

 

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